The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.4 percent on a seasonally adjusted basis in June after ...
Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...
The House Transportation and Infrastructure Committee recently approved a five-year reauthorization of surface transportation programs – the BUILD America 250 Act – on a bipartisan basis. Based on our ...
Sixteen years ago, the Fed officially established its long-term inflation target as a modest 2% per year. That number had been unofficial since 1996, but it wasn't made public until 2012. For almost a ...
June 25 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation ...
The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...
US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war. The personal ...
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. When the cost of nearly everything is rising ...
WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first time in three years as the Middle East conflict boosted energy prices, and keeping an ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...
The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...
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